30 October 2024
4,8 billion euros to 85 European net-zero projects thanks to EU innovation fund
... including as many as 10 hydrogen projects! The projects will receive funding from the EU innovation fund. The EU Innovation Fund is a European financing fund aimed at subsidizing large demonstration projects (with capital costs of more than €2.5 million) that bring to market industrial solutions that help make Europe carbon neutral. Beneficiaries with their respective project include: Arcelormittal (Zesta), ENGIE (H2BE), Air Liquide (ENHANCE), Samskip (H2ydroShittle), Bekaert (Grand Piano) & Battolyser (Battolyser Factory 1). A total overview can be found here.